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Trading

List of Banks in Mauritania

Published by Gbaf News

Posted on June 13, 2012

1 min read

· Last updated: June 11, 2018

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Banking Central Banks Islamic banking Financial Regulation

Central Bank of Mauritania or (Banque Centrale de Mauritanie)
Chinguitty Bank
Société Générale Mauritanie (SGM)
Banque Nationale de Mauritanie (BNM)
Banque Al Wava Mauritanienne Islamique (BAMIS)
Banque El Amana (BEA)
BNP Paribas (BNP)
Générale de Banque de Mauritanie (GBM)
Banque pour le Commerce et l'Investissement en Mauritanie (BACIM)
Banque Mauritanienne pour le Commerce International (BMCI)
Banque pour le Commerce et l'Investissement (BCI)

Key Takeaways

Mauritania’s banking sector comprises both local and international commercial banks plus a state central bank.
The Central Bank of Mauritania, founded in 1973 and headquartered in Nouakchott, regulates the banking system.
Several banks specialize in Islamic finance, reflecting growing demand for Sharia-compliant services.
Trade finance is a key focus for institutions like BCI, which accounts for 70% of its activities.
Major global groups such as BNP Paribas and Société Générale operate locally through subsidiaries or partnerships.

References

Frequently Asked Questions

What is the central bank of Mauritania?

The Central Bank of Mauritania (Banque Centrale de Mauritanie), established in 1973 and based in Nouakchott, is the national monetary authority overseeing the banking sector.

Which international banks operate in Mauritania?

International players include subsidiaries or branches of Société Générale, BNP Paribas (authorized to establish full-service operations), Attijariwafa Bank, QNB, Orabank, among others.

Are there Islamic banks in Mauritania?

Yes, Islamic banking is well represented, with institutions such as Banque Al Wava Mauritanienne Islamique (BAMIS), Banque Islamique de Mauritanie (BIM), and others offering Sharia‑compliant services.

Which bank leads in trade finance activities?

Banque pour le Commerce et l’Industrie (BCI) is the most active bank in trade finance, with trade-related activities accounting for about 70% of its business.

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List of Banks in Mauritania

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Frequently Asked Questions

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